Ripple CEO Slams Dogecoin Over Lack Of Utility

Ripple CEO Criticizes Dogecoin for Lack of Utility

Ripple CEO Brad Garlinghouse has once again criticized Dogecoin, expressing concerns about its perceived lack of utility. Despite claiming not to be anti-Dogecoin, Garlinghouse questioned its value to the industry, stating that he sees no clear purpose or use case aside from its association with Elon Musk.

This statement drew a strong reaction from the Dogecoin community, with co-founder Billy Markus arguing that Dogecoin is essentially similar to Bitcoin, except for its canine mascot and slightly different parameters. Markus believes that Dogecoin has its own unique value and purpose within the cryptocurrency ecosystem.